Archive | 2016

GKP announces Bond Default

By John Lee. Gulf Keystone Petroleum (GKP) has announced that the current Standstill Agreement between the Ad Hoc Committee of holders of the Notes and the Bonds and the Company expired on 1 July 2016 at 5pm BST and has not been extended. The Company is currently discussing the terms of an agreement with certain […]

Iraq seeks Mexican Energy Investors

Iraq is seeking to attract Mexican investors into its energy, industrial and infrastructure sectors, according to the head of Iraq's diplomatic mission to Mexico, Hisham Al Jeborri. According to a report from BNamericas, he said that 15 Mexican companies are already active in Iraq, mainly in the areas of oil pipelines, machinery and agricultural tools. […]

What's next for Anbar after Liberation from IS

By Omar Sattar for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. As the armed conflict with Islamic State (IS) in Anbar province ended with the liberation of Fallujah, a political conflict emerged there over posts, influence and economic interests. This started even prior to the […]

Video: 260 Vehicles Destroyed in Fallujah Flight

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Air strikes on Islamic State group fighters fleeing after their defeat in Fallujah have destroyed more than 260 vehicles and killed at least 150 jihadists, Iraqi officers said:

Counter-ISIL Strikes Target Terrorists in Syria, Iraq

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Wednesday, Combined Joint Task Force Operation Inherent Resolve officials reported on Thursday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter, and […]

Will PMUs participate in Battle for Mosul?

By Mustafa Saadoun for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Will Popular Mobilization Units participate in Battle for Mosul? Ever since Iraq's Popular Mobilization Units (PMU) was founded three days after the Islamic State (IS) took control of Mosul on June 10, 2014, the PMU […]

Daewoong Pharma to Export Drugs to Iraq

By John Lee. South Korea's Daewoong Pharmaceutical has signed a US$25-million contract with Ibn Cina Drug Stores to supply six products to Jordan and Iraq. According to the Korea Herald, the local partner will distribute: Ursa, for liver function improvement; Orlostar, for high blood pressure and hyperlipidemia; Easyef for diabetic foot ulcer; Daewoong pitavastatin calcium […]

Barzani receives a Senior Iranian Delegation

Kurdistan Region Prime Minister Nechirvan Barzani has received a high-ranking delegation from the Islamic Republic of Iran. The two sides discussed the recent security development in the region, particularly on the border between the Kurdistan Region and the Islamic Republic of Iran. Prime Minister Barzani expressed his deep concern regarding recent events especially the shelling […]

KRG PM Barzani receives new US Consul General

Kurdistan Region Prime Minister Nechirvan Barzani has received the outgoing US Consul General to Erbil, Mr. Matthias Mitman and the newly appointed US Consul General to the Kurdistan Region, Mr. Kenneth Gross and their accompanied delegation. Mr. Mitman, who will soon end his tenure as Consul General in Erbil, expressed his gratitude for the cooperation […]

New Jobs in Iraq

By John Lee. The United Nations has advertised several new positions in Iraq: Movement Control Assistant (UNAMI) Parliamentary Development Expert (UNDP) Consulting Services: Security Sector Reform (SSR) (UNDP) Senior Project Manager (Save the Children) (Source: UN) (Recruitment image via Shutterstock)

New Jobs in Iraqi Kurdistan

By John Lee. The United Nations has advertised several new positions in Iraqi Kurdistan: Procurement Team Leader (Danish Refugee Council, DRC) Procurement Assistant (Danish Refugee Council, DRC) Procurement Officer (Danish Refugee Council, DRC) Country Logistics Manager (Save the Children) Senior Project Manager (Save the Children) Deputy Chief of Mission Support (UNAMI) Rehabilitation Technical Advisor (Handicap International) GBV […]